Adjusted WACC. Clark Explorers, Inc., an engineering firm, has the following capital structure: Using market value and book value (separately, of course), find the adjusted WACC for Clark Explorers at the following tax rates: a. 40% b. 25% c. 20% d. 5% a. What is the market value adjusted WACC for Clark Explorers at a tax rate of 40% ? % (Round to two decimal places.) What is the book value adjusted WACC for Clark Explorers at a tax rate of 40% ? % (Round to two decimal places.) b. What is the market value adjusted WACC for Clark Explorers at a tax rate of 25% ? % (Round to two decimal places.) What is the book value adjusted WACC for Clark Explorers at a tax rate of 25% ? \% (Round to two decimal places.) c. What is the market value adjusted WACC for Clark Explorers at a tax rate of 20% ? \% (Round to two decimal places.) vrnat is the vook value adjusted vvmu Ior Liark Expiorers at a tax rate or 0% : % (Round to two decimal places.) c. What is the market value adjusted WACC for Clark Explorers at a tax rate of 20% ? % (Round to two decimal places.) What is the book value adjusted WACC for Clark Explorers at a tax rate of 20% ? % (Round to two decimal places.) d. What is the market value adjusted WACC for Clark Explorers at a tax rate of 5% ? % (Round to two decimal places.) What is the book value adjusted WACC for Clark Explorers at a tax rate of 5% ? \% (Round to two decimal places.) Click on the Icon in order to copy its content into a spreadsheet. \begin{tabular}{|l|c|c|c|} \hline & Equity & Preferred Stock & Debt \\ \hline Market Price & $32.81 & $209.61 & $1057.39 \\ \hline Outstanding units & 114,000 & 7,000 & 6,454 \\ \hline Book value & $2,869,000 & $1,473,000 & $6,454,000 \\ \hline Cost of capital & 12.47% & 9,13% & 7.9% \\ \hline \end{tabular}